Post #2017: The price of gold is up. That’s never good.

  The graph above contains all the factual content of this post.  The price of gold is up quite a bit of late, but the dollar price is nowhere near its all-time high in real (inflation-adjusted) terms. Odd lots Participants in the gold bullion market are an odd lot.  They range from seemingly rational investors … Continue reading Post #2017: The price of gold is up. That’s never good.